Surge in Put Option Trading Signals Bearish Bets on CVS Health

CVSCVS

On February 25, CVS Health experienced unusually heavy put option trading, with volume surging significantly above its recent average and outpacing call activity. This spike in bearish bets indicates traders are positioning for a possible near-term decline in the stock.

1. Unusual Put Option Volume

On February 25, CVS Health recorded a sharp increase in put option volume, markedly exceeding its five-day average and dwarfing concurrent call trading. This surge drove the company’s put-call ratio to a recent high, highlighting a shift toward bearish sentiment among options traders.

Sources

F